THE Infrastructure Development Bank of Zimbabwe has secured a $10 million loan from the Industrial Development Corporation of South Africa for on lending to tourism operators.Disbursement to successfu...
By Martin Kadzere | Published: 05 May 2014
Agribank chief executive Mr Sam Malaba has taken over the reins as Bankers Association of Zimbabwe president after the expiry of outgoing president and Barclays Bank Zimbabwe managing director Mr Geor...
By Staff reporter | Published: 05 May 2014
THE Infrastructure Development Bank of Zimbabwe intends to float a $100 million bond for housing development, chief executive Mr Charles Chikaura has said.IDBZ has acquired "sizeable" pieces of land i...
By Staff reporter | Published: 05 May 2014
KWEKWE based dairy concern, Dendairy is planning to start exporting into the region after it received necessary regulatory approvals. The dairy company obtained export licence from the Ministry of Ind...
By Tinashe Makichi | Published: 05 May 2014
Zimbabwe's largest platinum miner, Zimplats Ltd recorded a 76 percent growth in operating profit for the quarter ended March 2014 compared to a three months period ended December last year due to impr...
By Staff reporter | Published: 05 May 2014
CBZ Holdings has said plans to raise $200 million through a Diaspora Bond are at an advanced stage after the group successfully paid out the maturity on the first bond of $68 million. Incoming chief e...
By Staff reporter | Published: 05 May 2014
The Postal and Telecommunications Regulatory Authority of Zimbabwe's plans to roll out $62 million worth of infrastructure projects this year have been seriously hamstrung by a drastic drop in revenue...
By Staff reporter | Published: 05 May 2014
South Africa-based Aquarius Platinum's Zimbabwean subsidiary, Mimosa Mining Company's revenue increased by 1 percent for the quarter ended March 2014 due to below budget metal recoveries and power ou...
By Staff reporter | Published: 05 May 2014
Alpha Omega Dairy will soon start exporting its products to Angola and Zambia while plans are advanced to introduce new products.In an interview at the Zimbabwe International Trade Fair, Alpha Omega D...
By Staff reporter | Published: 29 April 2014
ZIMBABWE's mineral income for the first quarter of this year dropped 15,4 percent amid volatile international prices, figures from Mines and Mining Development show.The statistics, however, exclude di...
By Staff reporter | Published: 29 April 2014
AfrAsia Bank Limited is caught in the centre of stormy allegations by workers who claim that management wrote off thousands of dollars worth of their personal loans and presented them in the books as ...
By Staff reporter | Published: 29 April 2014
The Ministry of Industry and Commerce board is still discussing strategies to revive Zimbabwe's sole flint glass manufacturing company, Zimbabwe Glass Industries Limited (Zimglass).Industry and Commer...
By Staff reporter | Published: 29 April 2014
Tobacco sales recorded a 5 percent increase raking in close to $320 million compared to $303 million sold during the same period last year.According to latest figures from the Tobacco Industry and Mar...
By Staff reporter | Published: 29 April 2014
Local platinum producer Mimosa mine's output in the third quarter to March 31, 2014 declined 7 percent to 51 907 ounces from 58 586oz in the previous quarter.The latest quarter output was, however, on...
By Staff reporter | Published: 29 April 2014
Telecel Zimbabwe's parent company VimpelCom Ltd has appointed two new directors on its board, Hamid Akhavan and Andrei Gusev.The duo replaces Sergei Tesliuk and Andrei Baranov, respectively.The compan...
By Staff reporter | Published: 29 April 2014
Zimbabwe is unlikely to meet the June 2015 international digital migration deadline set by the International Telecommunications Union (ITU) due to lack of funding and a coordinated approach, a telecom...
By Staff reporter | Published: 28 April 2014
Motec Holdings, has its subsidiary, Deven Engineering, up for sale as it seeks to mobilise capital to enable its parent company, the Industrial Development Corporation (IDC), to effectively execute it...
By New Ziana | Published: 28 April 2014
Tetrad Investment Bank could finally have got the Reserve Bank of Zimbabwe off its back after completing a deal to bring in an investor.Tetrad was one of the seven banks that were being monitored by t...
By Staff reporter | Published: 28 April 2014
Pan-African telecoms operator, Gondwana International Networks has announced that it has signed a new contract with Avanti Communications which will see the latter deploy both broadband and VOIP servi...
By Staff reporter | Published: 28 April 2014
INDUSTRY and Commerce minister Mike Bimha says Bulawayo industries are top priority to benefit from a $100 million credit facility extended to Zimbabwe by the Indian government.The Zimbabwe government...
By Staff reporter | Published: 28 April 2014
Zimbabwe's agriculture will recover by 7,3 percent this year, the World Bank has said in its latest country report.It said after a poor 2012\13 season, agriculture is expected to rebound largely on th...
By New Ziana. | Published: 28 April 2014
Kwekwe-based ZimChem Refiners Private Limited has started producing stone pre-coat oil, which the country has been importing from other countries.In an interview at the just-ended Zimbabwe Internation...
By Staff reporter | Published: 28 April 2014
Rwanda's national airline, RwandAir could be the latest airline to fly into Harare as the country continues with efforts to woo more airlines into the country. Civil Aviation Authority of Zimbabwe chi...
By Staff reporter | Published: 28 April 2014
Zimbabwe-focused investment company Cambria Africa is prepared to offload its hotel property, Leopard Rock, which is located in Vumba in the Eastern highlands of the country. According to an e-mail st...
By Staff reporter | Published: 28 April 2014
Government will not issue permits for chrome ore exports as its focus is currently on value addition and beneficiation of minerals, Mines and Mining Development Deputy Minister Fred Moyo said. Deputy ...
By Staff reporter | Published: 28 April 2014
ZCTU implores govt to review US$150 minimum wage 
DRC bans US dollar cash payments 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe's currency is undervalued by nearly half 
Zimbabwe moves to crack down on proxy mining deals 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
